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The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Ideaforge Technology's share price is ₹872.40.
Ideaforge Technology's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹51.71. Hence, Ideaforge Technology's PS Ratio for today is 16.87.
The historical rank and industry rank for Ideaforge Technology's PS Ratio or its related term are showing as below:
NSE:IDEAFORGE'
s PS Ratio Range Over the Past 10 Years
Min: 6.25 Med: 15.61 Max: 32.45
Current: 16.95
During the past 7 years, Ideaforge Technology's highest PS Ratio was 32.45. The lowest was 6.25. And the median was 15.61.
NSE:IDEAFORGE's PS Ratio is ranked worse than 93.24% of 2470
companies
in the Hardware industry
Industry Median: 1.88
vs NSE:IDEAFORGE: 16.95
During the past 12 months, the average Revenue per Share Growth Rate of Ideaforge Technology was 38.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 8.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 31.70% per year.
During the past 7 years, Ideaforge Technology's highest 3-Year average Revenue per Share Growth Rate was 129.20% per year. The lowest was -0.80% per year. And the median was 56.80% per year.
Ideaforge Technology (NSE:IDEAFORGE) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Ideaforge Technology PS Ratio Related Terms
Ideaforge Technology PS Ratio Historical Data
* Premium members only.
The historical data trend for Ideaforge Technology's PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:IDEAFORGE vs DELL, ANET, SNDK: PS Ratio Comparison
For the Computer Hardware subindustry, Ideaforge Technology's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ideaforge Technology PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Ideaforge Technology's PS Ratio distribution charts can be found below:
* The bar in red indicates where Ideaforge Technology's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Ideaforge Technology's Share Price of today is ₹872.40. Ideaforge Technology's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹51.71.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
Ideaforge Technology (NSE:IDEAFORGE) has a PS Ratio of 16.87 as of Aug. 06, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Ideaforge Technology and its competitors. This is near median its historical median of 15.61. Over the past decade, Ideaforge Technology's PS Ratio has ranged from 6.25 to 32.45. According to the industry distribution chart, Ideaforge Technology ranks #2303 out of 2470 companies in the Hardware industry, placing it in the top 93.2%.
Is Ideaforge Technology's PS Ratio too high?
Ideaforge Technology's current PS Ratio of 16.87 is near median its 10-year median of 15.61. Over the past 10 years, this metric has ranged from a low of 6.25 to a high of 32.45. The Hardware industry median PS Ratio is 1.88. Ideaforge Technology's value of 16.87 is 797.3% above this industry median. Based on the distribution chart, Ideaforge Technology ranks #2303 out of 2470 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Ideaforge Technology has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ideaforge Technology's PS Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Ideaforge Technology ranks #2303 out of 2470 companies for PS Ratio. This places Ideaforge Technology in the lower half of its industry. The industry median PS Ratio is 1.88. Ideaforge Technology's value of 16.87 is 797.3% above this benchmark. Historically, Ideaforge Technology's own PS Ratio has ranged from 6.25 to 32.45 over the past decade. While the company's 10-year median is 15.61 vs. the industry median of 1.88, Ideaforge Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for a Hardware company?
The median PS Ratio among Hardware companies is 1.88, based on 2,470 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ideaforge Technology's current PS Ratio of 16.87 is 797.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Ideaforge Technology and its competitors. For the Hardware industry, the median PS Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ideaforge Technology's current PS Ratio is 16.87, which is near median its own 10-year median of 15.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ideaforge Technology stock overvalued right now?
Based on GuruFocus' analysis, Ideaforge Technology (NSE:IDEAFORGE) is currently considered Fairly Valued. The stock's GF Value™ is ₹836.53, compared to a current price of ₹872.40 — trading 4.3% above its estimated fair value. The current PS Ratio is 16.87, which is near median its 10-year median of 15.61 and 797.3% above the Hardware industry median of 1.88. Ideaforge Technology's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Ideaforge Technology (NSE:IDEAFORGE), the current PS Ratio is 16.87 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ideaforge Technology (NSE:IDEAFORGE) Overvalued in 2026?
Based on GuruFocus' analysis, Ideaforge Technology stock appears to be overvalued.
The current stock price of ₹872.40 is trading 4.3% above its estimated GF Value™ of ₹836.53.
GuruFocus considers Ideaforge Technology to be Fairly Valued.
Key valuation signals for NSE:IDEAFORGE:
PS Ratio: 16.87 (near median its 10-year median of 15.61)
GF Value™: ₹836.53 vs. price of ₹872.40 (4.3% above fair value)
Industry Position: 797.3% above the Hardware median (#2303 of 2470)
No single metric tells the full story. See the NSE:IDEAFORGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ideaforge Technology Ltd is the pioneer and the pre-eminent market leader in the Indian Unmanned Aircraft Systems (UAS) industry. It earns revenue from the Sale of service which includes maintenance services, training services, and other services. The company is a vertically integrated company with an in-house product development center, allowing it to design, develop, engineer, and manufacture Indigenous unmanned aerial vehicles (UAVs). The ancillary business of providing training and maintenance services evolve around the main business of manufacture and marketing of UAV systems.
75GF Score
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